563,341 Shares in Capital Group Dividend Growers ETF $CGDG Purchased by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. purchased a new position in Capital Group Dividend Growers ETF (NYSEARCA:CGDG) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 563,341 shares of the company’s stock, valued at approximately $20,077,000. Capital Group Dividend Growers ETF makes up about 4.7% of J. Derek Lewis & Associates Inc.’s investment portfolio, making the stock its 6th largest holding. J. Derek Lewis & Associates Inc. owned 0.47% of Capital Group Dividend Growers ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC grew its position in shares of Capital Group Dividend Growers ETF by 13.8% in the 1st quarter. NewEdge Advisors LLC now owns 29,206 shares of the company’s stock worth $902,000 after acquiring an additional 3,550 shares in the last quarter. First Trust Advisors LP acquired a new stake in shares of Capital Group Dividend Growers ETF during the 2nd quarter valued at approximately $372,000. Sei Investments Co. raised its position in shares of Capital Group Dividend Growers ETF by 2,931.9% during the 2nd quarter. Sei Investments Co. now owns 255,957 shares of the company’s stock valued at $8,608,000 after acquiring an additional 247,515 shares in the last quarter. Main Street Financial Solutions LLC acquired a new stake in shares of Capital Group Dividend Growers ETF during the 2nd quarter valued at approximately $507,000. Finally, Betterment LLC bought a new position in Capital Group Dividend Growers ETF during the second quarter worth $1,130,000.

Capital Group Dividend Growers ETF Price Performance

Shares of CGDG opened at $37.43 on Friday. The stock has a market capitalization of $4.90 billion, a PE ratio of 20.18 and a beta of 0.50. The business’s fifty day moving average price is $37.27 and its 200 day moving average price is $36.68. Capital Group Dividend Growers ETF has a 12-month low of $32.74 and a 12-month high of $38.09.

Capital Group Dividend Growers ETF Company Profile

The Capital Group Dividend Growers ETF (CGDG) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects dividend-paying companies globally that are attractively valued and believed to provide dividend growth. It employs a multi-manager approach to portfolio management. CGDG was launched on Sep 26, 2023 and is issued by Capital Group.